“The increasing focus on compliance with the automotive EMC standards is driving the growth of the automotive shielding market.”

The global automotive shielding market size is projected to grow from USD 20.2 billion in 2020 to USD 24.7 billion by 2025, at a CAGR of 4.1%. The market is driven by automotive EMC standards and rigorous test procedures employed by the OEMs to avoid failures of electronics-based critical safety systems. Automotive EMC standards are regulated by authorities such as International Standards Organization (ISO), SAE International, International Electro technical Commission (IEC), and others. These authorities have set EMC standards to limit the radiation levels from vehicle electronics. Thus, automotive OEMs and tier 1 component manufacturers are investing heavily to assess the EMC levels while designing vehicles and other electronic components. For instance, Mercedes-Benz inaugurated its EMC test facility called Mercedes Benz Technology Centre (MTC) in Sindel fingen, Germany, in 2019 with an investment of USD 56 million.

The OEM plans to consider multiple EMC tests before the approval of any vehicle. Rigorous test procedures and stringent test standards would encourage superior EMC materials in the coming years. In addition, EMC (electromagnetic compatibility) has become a key prerequisite for major automotive technologies such as connectivity, shared mobility, autonomous driving, and electric drive train. Vehicles are now equipped with microprocessors, cameras, ultrasonic sensors, and radars. These electronics are often confined in small spaces.

Systems such as infotainment, GPS module, transmitters, and cameras are sources of electromagnetic interference. As convenience and advanced safety features rely on the real-time exchange of data, severe electromagnetic interference can lead to loss of function of a critical system. In addition, electric and hybrid vehicles use high voltage electricals such as batteries, DC-DC converters, inverters, electric motors, and other subsystems that emit electromagnetic fields. Asia Pacific is estimated to lead the automotive shielding market due to its huge vehicle production volume, followed by Europe and North America.

“Demand for EMI shielding in advanced electronics in connectivity and driving assistance functions is likely to drive the growth of the automotive shielding market during the forecast period.”

With advancements in technology, the number of electronic components in a vehicle has increased, which in turn has driven the market for automotive shielding. Electronics and embedded systems control various mechanical and electrical functions in a vehicle and thus play a vital role in automotive technology. The increased number of electronic components can be attributed to the growing demand for comfort and safety features in a vehicle,which accentuates the need for complex electronic circuitry.

Heat shields are installed between the engine compartment and the vehicle cabin to prevent the heat generated by the engine and exhaust system from affecting these electronic systems. Apart from heat shields, EMI shields also help to secure a smooth connection between the electronic components. EMI shielding reduces electromagnetic interference among the electronic components. Thus, the growing number of electronic components in a vehicle is expected to drive the automotive shielding market.

In addition, automotive OEMs and Tier 1 partners have invested considerable resources in developing next-generation connected vehicles. IoT devices, ultrasonic sensors, and high-definition cameras are now common in premium sedans and SUVs.For instance, in January 2020, Audi introduced its Traffic Light Information service in Rhine, Germany, the second city in Europe after Ingolstadt. The system primarily comprises of two major features – Green Light Optimized Speed Advisory (GLOSA) and Time-to-Green. An Audi vehicle would send its real-time traffic data to approximately 150 traffic signals, and the system will suggest speed advisory and countdown for green lights. According to the company, the system would improve convenience for drivers, increase traffic safety, and encourage an economical style of driving. Such systems would require superior EMI shielding for sensors and on-board computers to avoid any interference with other electronics.

“Europe is estimated to play a major role in the automotive shielding market during the forecast period.”

Europe is estimated to be the second-largest market in the automotive shielding market. The growth of the automotive shielding industry in this region can be attributed to technological advancements such as the use of high-mobility logistics trucks for their enhanced capabilities. Europe has stringent emission regulations to tack lerising emission levels. Government mandates for increasing fuel efficiency of vehicles and the use of advanced safety features have led to the growth of the automotive shielding market. The region is home to leading manufacturers such as Renault, PSA Group, Volkswagen, BMW, Volvo, and Daimler.

According to the European Automobile Manufacturers Association (ACEA), Europe accounted for 23.2% of the global vehicle production in 2018. The European automotive market registered growth for the past six years despite the recent global automotive slowdown. It has witnessed an increasing demand for passenger cars equipped with advanced electrical and electronics components. The market growth is also driven by the presence of automotive heat shield manufacturers such as ElringKlinger, Lydall, Carcoustics, and Morgan Advanced Materials.

The study covers the automotive shielding market across various segments. It aims at estimating the market size and future growth potential of this market across different segments such as heat application, EMI application, shielding type, material type, vehicle type, and region. The study also includes an in-depth competitive analysis of key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and acquisitions.

Key Benefits of Buying the Report:

The report will help leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall automotive shielding market. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Industry Views

The increasing practice of smartphones and tablets universally has assisted in an increase in the mobile television market. Maximum smartphones and tablets nowadays are TV empowered and this has given...

The launch of medical wearable devices has enhanced the growth of the global medical devices market. Major players in the global medical devices market are busy in mechanizing trailblazing yet economi...

The global end-of-line packaging market is set for massive upheaval in the coming years. The intensity of competition in the market is predicted to upsurge as the manufacturers are concentrating on in...

Medical robotics is up-and-coming area of healthcare. An extensive range of medical applications has materialized like laboratory robots, surgical robots, telesurgery, remote surgery, and teleconsulta...

Robots and drones have, at present, started to gently alter many facets of agriculture. This is by now a US$ 3 billion market in 2016 and is expected to grow to US$10 billion by 2022. Robotics has see...

“Government regulations for emission controls in vehicles will positively fuel the market low-carbon propulsion market.”
The global low-carbon propulsion market size is projected to grow from 2,980 thousand units in 2020 to 11,640 thousand units by 2027, at a CAGR of 21.5 % during the forecast period. The expected growth of the market can be attributed due to increasing demand for emission-free vehicles and energy-efficient transport, government regulations regarding fluctuations in fuel prices, and vehicle conversions.
“Rail is expected to have the fastest market during the forecast period, by mode.”
The rising income levels of the general population have raised the demand for personal mobility, which has led to an increase in road traffic, and road network infrastructure......

“Increase in gasoline direct injection engine demand is projected to drive the automotive piston market globally.”
The global automotive piston market size is expected to grow at a CAGR of 3.5% during the forecast period, where the market in 2020 is estimated to be USD 1.9 billion and is projected to reach USD 2.2 billion by 2025. The growth of the automotive piston industry is influenced by factors such as increasing popularity of gasoline direct injection engines and the growing production of passenger vehicles. Some of the market restraining factors are the engine downsizing and possible shift towards electric vehicles.
“Aluminum is estimated to be the largest growing material for piston.”
The automotive piston consists of various components like piston head/crown, pist......

“Stringent emissions standards is one of the pivotal factors for the growing electric coolant pump market globally.”
The global electric coolant pump market size for electric vehicles is projected to reach USD 662 million by 2027 from an estimated USD 227 million in 2020 at a CAGR of 16.5% during the forecast period.As electric coolant pumps help to reduce emissions, the implementation of strict emission norms across all regions globally is expected to drive the electric coolant pump industry growth significantly.For instance, the introduction of Euro VI, China VI has pushed automakers to employ fuel-efficient technologies such as electric coolant pumps in their vehicles. However, relatively high costs and maintenance can hinder the overall market growth.
“The seal less pump ......

“The increasing need for passenger and pedestrian safety, efficient public transport, reduction in CO2 emission, and government regulations related to safety features to drive the global semi-autonomous and autonomous bus market.”
The global semi-autonomous bus market size is projected to reach 71,682 units by 2025, from an estimated23,613 units in 2020, at a CAGR of 24.9%. On the other hand, the global autonomous bus market size is projected to reach USD 2,773 million by 2030, from USD 791 million in 2024, at a CAGR of 23.2%. The advent of autonomous technology will have a significant impact on commercial vehicles, including buses.
The entry of autonomous buses in the automotive industry will change the way public transport is done across the world.The autonomous bus technology ......

“The increasing adoption of ADAS and safety features is driving the growth of the automotive software market.”
The global automotive software market size is projected to grow from USD 16.9 billion in 2020 to USD 37.0 billion by 2025, at a CAGR of 16.9%. Adoption of ADAS features in vehicles is one of the primary reasons for the growth of the automotive software market as these features ensure improved levels of safety, comfort, and luxury. Governments in various developed and developing countries are focusing on mandating various ADAS and safety features. For instance, both the US and EU are mandating that all vehicles be equipped with autonomous emergency braking systems and forward-collision warning by 2020.
The primary purpose of the software is to communicate autonomously wit......

The global automotive headliner market is projected to register a CAGR of 4.2% between 2020 and 2025.
The global automotive headliner market size is projected to grow from USD 16.6 billion in 2020 to USD 20.4 billion by 2025, at a CAGR of 4.2%, between 2020 and 2025. The major driving factors include the increase in demand for advanced headliners in premium segment vehicles, rising demand for interior styling, perceived quality, and convenience features, and government regulation for lightweight and safety.
However, the high cost of advanced headliners and overhead systems is expected to restrain this market. An increase in demand for autonomous vehicles, the advent of electric vehicles in the automotive industry, and a rise in demand for interior styling are expected to offer lucrat......

Thailand Passenger Airlines Market to 2023: Market Segments Sizing and Revenue Analytics
Summary
Passenger Airlines (Airlines whose primary business is the transport of passengers) market has evolved dramatically in the recent years. The report Thailand Passenger Airlines Market to 2023: Market Segments Sizing and Revenue Analytics provides deep dive data analytics on wide ranging Passenger Airlines market aspects including overall airlines no. of seats sold, load factor, passenger kilometers available etc. all categorized by different service offerings - Low Cost, Full Service and Charter Services. Furthermore, the report details out number of revenue-generating airline passenger kilometers since 2014 to 2023 along with other critical aspects of the Passenger Airlines market.
The repor......